Mill City Gold Corp Announces Private Placement for $200,000

Mill City Gold Corp. (TSXV:MC,OTCBB:MCYGD) announced a non-brokered private placement to raise up to $200,000.

As quoted in the press release:

The units will be priced at $0.05 per unit with each unit consisting of one common share of the Company and one common share purchase warrant of the Company. Each warrant will be exercisable into one common share for a period of 60 months from closing at an exercise price of $0.10 per share beginning on the date of the closing of the offering. The proceeds of the offering will be used for general corporate purposes.

To view the whole press release, click here.